WITH LOVE BY MOEN AS

3921 PORSGRUNN

Finances

Return on Equity

25 %

Current Ratio

1,38

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 873 000	2 264 000	2 804 000	3 368 000
Net Income	57 000	47 000	−25 000	4 000
Total Assets	921 000	906 000	952 000	876 000
Total Equity	228 000	171 000	124 000	149 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 873 000	2 264 000	2 804 000	3 368 000
Expenditure	2 775 000	2 200 000	2 802 000	3 342 000
Operating Profit	97 000	64 000	2 000	27 000
Financial Income	0	0	0	0
Financial Costs	6 000	10 000	27 000	23 000
Financial Balance	−6 000	−10 000	−27 000	−23 000
Earnings Before Tax	91 000	53 000	−25 000	4 000
Tax	34 000	6 000	0	0
Net Income	57 000	47 000	−25 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 000	2 000	2 000	27 000
Total Current Assets	919 000	904 000	950 000	849 000
Total Assets	921 000	906 000	952 000	876 000
Total Retained Equity	36 000	−21 000	−68 000	−44 000
Total Equity	228 000	171 000	124 000	149 000
Total Long-Term Debt	24 000	122 000	219 000	93 000
Total Current Debt	668 000	613 000	609 000	634 000
Total Equity and Debt	921 000	906 000	952 000	876 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 630 000	1 924 000	2 685 000	3 230 000
Other Income	243 000	340 000	119 000	138 000
Revenue	2 873 000	2 264 000	2 804 000	3 368 000
Cost of Goods Sold	1 418 000	1 216 000	1 411 000	1 248 000
Salary Costs	547 000	359 000	751 000	1 506 000
Depreciation	0	0	27 000	37 000
Impairment	0	0	0	0
Expenditure	2 775 000	2 200 000	2 802 000	3 342 000
Operating Profit	97 000	64 000	2 000	27 000
Financial Income	0	0	0	0
Financial Costs	6 000	10 000	27 000	23 000
Financial Balance	−6 000	−10 000	−27 000	−23 000
Dividends	0	0	0	0
Net Income	57 000	47 000	−25 000	4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	27 000
Total Tangible Assets	0	0	0	27 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	0
Total Fixed Assets	2 000	2 000	2 000	27 000
Stock	719 000	588 000	723 000	612 000
Total Investments	0	0	0	0
Cash, Bank	111 000	232 000	139 000	212 000
Total Current Assets	919 000	904 000	950 000	849 000
Total Assets	921 000	906 000	952 000	876 000
Total Equity	228 000	171 000	124 000	149 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 000	122 000	219 000	93 000
Creditors	151 000	76 000	194 000	94 000
Unpaid Taxes	64 000	59 000	21 000	98 000
Dividends	0	0	0	0
Other Current Debt	419 000	472 000	393 000	442 000
Total Current Debt	668 000	613 000	609 000	634 000
Total Equity and Debt	921 000	906 000	952 000	876 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25 %	27,49 %	−20,16 %	2,68 %
Debt-to-Equity Ratio	0,11	0,71	1,77	0,62
Operating Profit Margin	3,38 %	2,83 %	0,07 %	0,8 %
Current Ratio	1,38	1,47	1,56	1,34
Quick Ratio	−18,02	36,16	−8,33	38,59
Equity Ratio	0,25	0,19	0,13	0,17
Gross Profit Margin	50,64 %	46,29 %	49,68 %	62,95 %